Allied Market Research

Future Opportunities of Smart Coating Market

Portland, OR -- (SBWIRE) -- 06/26/2017 -- Materials that have capabilities to change their properties according to external environmental stimuli such as temperature, electric field, etc., are known as smart coating materials. These days, smart coating is gaining popularity in commercial application segment as it is used for protective as well as for decorative purposes. Smart coating has many competitive advantages in a wide variety of applications. It could be a coating that can indicate damage on an aero engine or oil and gas platform or even in a composite being used to save weight on an aircraft. In addition, it could be a barrier coating for a packaging film application and also be transparent and moisture ingress. Due to unique characteristics of this material, it is being adopted in various application segments such as military, aerospace, hospitals, automobiles, etc.

This is a major driving force that is leading the manufacturers to invest in smart coating materials. Due to such advance applications of the smart coating materials, consumers are also willing to pay premium prices for smart coated products. Smart coating material increases the weight of the final products and impacts aesthetics of the final product. This is limiting the adoption of smart coating in few application segments such as consumer electronics, apparels, etc. Environmental impact of smart coating is a major limiting factor that is hampering the growth of smart coating mark

The global smart coating end user application market is segmented into Medical Fields, Military applications, IT Technologies, Aerospace, Food & Packaging, Agriculture, Automotive, Architectural, Industrial, Household, Cosmetic & Personal Care and Apparel. This would be well accepted in Military & Medical field and also in other applications where quality and performances matter and not price.